Liquidators are preparing to carve up and sell Sydney Melissa Caddick’s considerable assets in order to pay back conned investors.
An extensive collection of designer jewellery, clothing and artworks are among items that have already been seized by representatives of the Australian Securities and Investments Commission (ASIC).
A Federal Court hearing held in Sydney on Monday called for any objections to the sale of particular assets to be finalised over the next month in order to move ahead as quickly as possible.
Justice Brigitte Markovic noted the outcome of an ongoing coronial inquest into Ms Caddick’s disappearance could hold some sway over the process.
“I understand there are issues that will arise subject to whether Ms Caddick is deceased or not,” Justice Markovic said.
According to court documents, Ms Caddick’s former partner Anthony Koletti is disputing ownership of at least 18 individual jewellery pieces including diamond encrusted rings, a black sapphire Canturi dog tag pendant and 18ct white gold black rhodium plated skull.
Ms Caddick’s eldest brother Adam Grimley, while not objecting to the sale of any luxury items has signalled his intention to dispute a superannuation account in Ms Caddick’s name.
He has been given until 11 November to seek advice and establish a legal basis for his objection.
Mr Grimley told the court he currently holds power of attorney over Ms Caddick and would act as the executor of her will should be be found to be deceased.
The court adjourned until October 31 when a hearing will be held regarding the uncontested assets.
A further hearing date was set for November 18 for the disputed assets to be discussed.